Today’s Sheffield buy-to-let deal of the day is brought to the market by Purple Bricks.

Although perhaps not the most glamorous of properties, this property represents a relatively low-risk buy-to-let investment.

The property comprises of an entrance hallway, bedroom, lounge, kitchen, bathroom and a study. So, it is larger than the average one-bedroom apartment.

The property is in a decent condition, but there is definitely room for improvement, which may well increase the rental potential.

In terms of location, the property is located in Jordanthorpe, which is in the S8 postcode. It’s close to Mossbrook School and has many local amenities nearby.

On the rental market, I would expect this property to achieve £425pcm which would generate a yield of 8.5%, which is widely considered a fantastic yield and therefore likely to be very popular with investors.

https://www.zoopla.co.uk/for-sale/details/41634273

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